§ 13251 Executive Committee Authority
This law says a company can create a special group called an executive committee to make decisions for the board of directors, but the board still has final say.
A big company wants to make quick decisions without waiting for the full board to meet.
They can create an executive committee to handle day-to-day stuff, but the board can still step in if needed.
AI-generated — May contain errors. Not legal advice. Always verify source.
§ 13251 Executive Committee Authority
Last verified: January 10, 2026